Xiamen'S Cotton Yarn Prices All Hit New Highs&Nbsp; Quietly Increase The Price Of Seasonal Autumn Clothes

In the last seven trading days, commodities Market Zheng Mian In six trading days, the price of Zheng cotton has reached a record high, and in just one month, the price of Zheng cotton has risen by more than 20%. With the surge of cotton season, both cotton and yarn prices in Xiamen have risen to historical highs, and the price of autumn clothes just listed has also been quietly raised. The factors supporting the price of cotton are still fermenting, Cotton price The rise is not over.

Zheng Mian Sets the Highest Price

20725 yuan/ton. Yesterday, Zheng Mian's main contract 1011 was closed on the trading limit with an increase of 4.02%, again hitting a new high since the listing of Zheng Mian in 2004. This is its sixth record high in seven trading days.

In the recent month, Zheng Mian's rise can be described as crazy. In the last 20 trading days, Zheng Mian has received 17 positive returns, which has risen more than 20% in just one month, becoming the latest agricultural product“ Top gainer ”。

"The rise in the price of cotton is mainly due to the combined effect of domestic and foreign countries." Mr. Teng, agricultural products analyst of Ruida Futures, said yesterday that from a domestic perspective, the reduction of the national reserve cotton inventory and the cotton production reduction caused by natural disasters are the main factors affecting the rise in cotton prices, while from a foreign perspective, the main cotton producing country, Pakistan, was affected by the flood, India, another major producer, raised taxes on cotton exports, resulting in the continued rise of cotton export.

"It is not realistic to expect a deep correction in cotton prices." Teng analysts said that even if the cotton price is corrected, the range is unlikely to be particularly large because these factors supporting the rise in cotton prices have not fundamentally changed.

Xiamen Cotton is not afraid to follow the rising cotton enterprises

With the rising price of cotton, the reporter found that the price of cotton in Xiamen market and cotton yarn, a downstream product of cotton, is also rising.

"The 229 grade lint was less than 13000 yuan/ton at this time last year, and now you can guess how much? 19000 yuan/ton! It has increased by nearly 50%." Manager Li, a person in charge of a cotton textile enterprise in Xiamen, said that the cotton price and yarn price in Xiamen have been rising since last year. Recently, with the crazy rise of the price of scheduled cotton, the spot cotton price has also been rising. "The price will be adjusted once a few days, at least a few hundred yuan each time."

However, despite the rise in cotton prices, most cotton enterprises are happy to see the success.

Brand autumn clothing prices have been raised

With the increase of costs, the prices of some brands of clothing have begun to rise quietly.

In the semi annual report of Special Step, the average sales price of its footwear products increased by 6.6%, while the average sales price of clothing products, which were more seriously affected by the price rise of raw materials, increased by 13.9%, more than double the increase of footwear.

The price increases of Anta and Li Ning are the same: the average price of Anta's footwear products rose by 2.0% this year, while the price of clothing products rose by 7.1%; Li Ning announced that since the fourth quarter of this year, the average retail price of footwear products has increased by 7.8%, and the retail price of clothing products has increased by 17.9%.

Some experts pointed out that the price increase of autumn clothes was just a "comma", not a "full stop".